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LONDON, Nov. 26 /PRNewswire/ -- Westinghouse Electric Company today announced formation of Westinghouse Electric Company UK, a Preston-based organization that will consolidate efforts to pursue commercial nuclear power business throughout the United Kingdom.
The Company also announced that David Bonser will serve as the organization’s chairman and that Mike Tynan will serve as Vice President, UK Growth Team and as the Chief Executive of Westinghouse UK.
In making the announcement, Westinghouse Electric Company President and CEO Aris Candris said formation of the new UK company is reflective of the both the importance and imminence of the United Kingdom’s nuclear power market.
“Like Westinghouse, the United Kingdom is a nuclear power pioneer,” he said. “We believe that the UK nuclear industry is also one that will remain on the cutting edge in terms of new plant construction, research and development and infrastructure. The appointments of these two prominent industry executives to lead our efforts will enable Westinghouse to successfully pursue broad-based business in the United Kingdom, while also providing opportunities for Westinghouse, once successful, to create jobs in a variety of UK industry segments.”
Mr. Bonser most recently served as an Executive Board Director of BNFL, a position to which he was appointed in 1999. He also served BNFL in a number of highly visible positions, including Executive Responsibility for Corporate Responsibility, Spent Fuel Services and Human Resources. He was Chairman of NIREX from 1997 to 2001, and currently is Chairman of the National Skills Academy for Nuclear and President of the European Nuclear Society.
Mr. Tynan most recently was Managing Director of Springfield Fuels Ltd. for Westinghouse. During his career with Westinghouse, and earlier with BNFL, he held a number of prominent positions in Services and Operations at both the Sellafield and Springfields sites. He began his nuclear career as an administrator at Calder Hall Power Station in Cumbria. Mike is a Director of the National Skills Academy for Nuclear.
Both Mr. Tynan and Mr. Bonser affirmed Westinghouse’s commitment to conduct business in a manner that benefits the UK economy.
“As we announced this fall, Westinghouse believes that a fleet of our AP1000TM reactors deployed in the United Kingdom could contribute as much as 30 billion pounds Sterling to the UK economy,” Mr. Bonser said. “About half of this value would arise during construction of the fleet of plants, with the rest being delivered over the full 60-80 year period of operation.”
Mr. Tynan pointed out that a strong UK nuclear infrastructure would be necessary to support construction and operation of AP1000s in the UK and that such an infrastructure would also position the UK as an exporter of nuclear products and services.
“Westinghouse will be pursing new plant business in scores of countries throughout the world,” he said. “As the UK market is more imminent than many, it is highly likely that Westinghouse would make use of British companies participating with Westinghouse in the UK to serve other more intermediate- and long-term new plant markets where infrastructure does not exist.”
Westinghouse Electric Company, a group company of Toshiba Corporation, is the world's pioneering nuclear power company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first PWR in 1957 in Shippingport, Pennsylvania. Today, Westinghouse technology is the basis for well over 40 percent of the world's operating nuclear plants.
SOURCE Westinghouse Electric Company
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